What claims do advocates of unions make to argue that unions are good for the economy?

Q: True or false. “To the extent that they succeed in their goals, unions only ever reduce productivity…

A: It is true that unions tie the hands of the management and lead to slow decision-making. When trade…

Q: Consider an economy with two labor markets: one for manufacturing workers and one for service…

A: The labor market of the economy determines the equilibrium wage rate and equilibrium quantity of…

Q: Labor unions a. play a larger role in the current U.S. economy than in European countries such as…

A: Labor unions represent a group of labor with certain representatives who bargain with employers for…

Q: Why was the big issue between the unions and the business owners? What were the unions fighting for…

A: A labour union is an association shaped by a labourer in a specific exchange, industry, or…

Q: What did union leader A. Philip Randolph achieve during World War II?

A: In the 1940s, Randolph's abilities as an organizer had grown to such lengths that he became the…

Q: An industrial relations system refers to the rules, regulations, and institutions that govern the…

A: Aggregate demand plays an important role in the economy for tackling the business cycles. In…

Q: Why did some people want to form labor unions? A to improve working conditions B to open the…

A: Labor unions are groups of workers with leaders among them who band together to protect and develop…

Q: Firm would hire 20,000 workers if the wage rate is $12 but will hire 10,000 workers if the wage rate…

A: In the firm A:At the wage rate, $12 the number of workers hired = 20000 workers.At the wage rate of…

Q: Do you think that labor unions in this country have too much power or too little power?

A: A labor union or industrial union is an association of labors that talks with the employers about…

Q: Union membership in the public sector is higher compared to the private sector even as the overall…

A: Union membership in the public sector is higher compared to the private sector even as the overall…

Q: Explain in detail how a trade union affects the economy of a country.

A: Trade unions are associations of employees that strive to defend and increase their members' real…

Q: Are unions good or bad for employees and corporations?

A: A set of people that works in a team to achieve a common goal is known as a union.  For example, a…

Q: Why are disputes between labor and management often more complicated than just matters of money?

A: Disputes represent any kind of disagreement between the labor and the management.

Q: Some economists argue that unions raise prices and cause unemployment by bargaining for higher wages…

A: Answer -     Unions :- Unions are the collection of people who come together for the fulfillment of…

Q: Why do labour unions cause unemployment? Explain

A: Labor union give an association to laborers to have joint portrayal with their employers. Structural…

Q: How did the key institu- tions and goals of the labor movement change, and what gains and losses…

A: Originally key institutions and goals of the labor were to unify against the growing industrial…

Q: Karl Marx argued that an 'Industrial Reserve Army of the Unemployed' would be produced by capitalism…

A: a). There are valid justifications why capitalism produces and reproduces unemployment after some…

Q: What are the different type of strike a labor union can form?

A: Strike action, sometimes known as a labour strike is a work stoppage caused by a large number of…

Q: If you worked for a union, would you accept higher wages if it meant others would be laid off? Why…

A: A union is formed when workers of a particular industry or company come together as a group in order…

Q: What are the main causes of unemployment in Nambia?

A: The unemployment in Namibia is worse since the 1980s. Unemployment explained by the sum of all…

Q: In ABC garments factory, a worker named Mr. Belal has been coming late to work every day. The…

A: Hey champ,Welcome to this platform. Here you will get the answer with better quality in minimum…

Q: what is the relationship between wages and robbery?

A: Concept: Wages: In economics, wages refers to the price paid to the labor for the services rendered…

Q: There are 100 workers. In 2084, after decades of complaining about low wages, the programmers at…

A: Unions are formed by laborers to protect the interest of the laborers against the decisions of the…

Q: If these construction workers are laid off during the winter what kind of unemployment are they…

A: Unemployment which occurs due to different phases of the business cycle and that affects the demand…

Q: What distinguishes craft unions from industrial unions?

A: Note: In the BNED Guidance, only the first question can be answered at a time. Resend the question…

Q: Trade unions seek to serve their members only. Discuss this premise.

A: Trade union is generally meant for the workers and it is also known as labor union.

Q: Unions can be argued to gave raised worker productivity by: a) Enabling workers to speak with…

A: Productivity: Productivity measures various aspects of the efficiency in the production of a…

Q: What are the causes of inflexible or sticky wages

A: Sticky wages are the earnings of workers, which cannot be quickly adjust with the market conditions.

Q: What percentage of wage and salary workers are union members? Is this percentage higher, or is it…

A: A union is an organization of workers who have come together to achieve collective goals such as…

Q: Are unions good or bad for the economy? Why or why not? Take a stand and explain.

A: Labor unions, also known as trade unions, are organizations made up of people from various fields…

Q: (c) Offer two ways that unions can increase worker productivity.

A: A labour union is a group of workers who have banded together to improve salary, benefits, and…

Q: Define and explain the role of labour by means of trade union federation involvement in NEDLAC

A: When talking about NEDLAC, it is the trade union in the South Africa to deal with issues related to…

Q: D. Union leaders are in better position to bargain for higher wages if demand for labour is

A: To find : Demand for labour  .

Q: the consumer's hours of work? What does this have to say about what we would observe about the…

A: The individual can spend the time available for two purposes: either work, or use it for leisure.